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Jul 25, 2012
07/12
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every generation among you served to keep us strong and free. and it falls to us, those that follow, to preserve what you won. four years ago, i stood before you at a time of great challenge for our nation. we were engaged in two wars. al qaeda was entrenched in their safe havens in pakistan. many of our alliances were frayed. our standing in the world had suffered. we were in the worst recession of our lifetimes. around the world, some questioned whether the united states still had the capacity to lead. so, four years ago, i made you a promise. i pledged to take the fight to our enemies, and renew our leadership in the world. as president, that's what i've done. and as you reflect on recent years, as we look ahead to the challenges we face as a nation and the leadership that's required, you don't just have my words, you have my deeds. you have my track record. you have the promises i've made and the promises that i've kept. i pledged to end the war in iraq honorably, and that's what we've done. after i took office, we removed nearly 150,000 u.s
every generation among you served to keep us strong and free. and it falls to us, those that follow, to preserve what you won. four years ago, i stood before you at a time of great challenge for our nation. we were engaged in two wars. al qaeda was entrenched in their safe havens in pakistan. many of our alliances were frayed. our standing in the world had suffered. we were in the worst recession of our lifetimes. around the world, some questioned whether the united states still had the...
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Jul 19, 2012
07/12
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i don't mind those being used internally for purposes, but to set it -- to use that -- to quote, he says that prior to the crisis, the models were gamed as the argument to avoid additional capital. of course what that means is they had excessive leverage. and you look at the basel committee study. ." >> it is a stronger system. your point is well taken. policies need to be validated and need to be good. the federal reserve and other regulators don't let you use just what ever model you want. they have to be approved by the regulators. >> the only way to guarantee that does not happen is to focus on the old fashioned minimum leverage ratio. which is far too low. [inaudible] by the time you get to me, many of the questions i have have already been addressed. i would like to go back to some of the things that were in your statement in your report. i get that the fed is doing everything it can with respect to monetary policy to address the employment part of your dual mandate, is that correct? >> we can continue to evaluate the outlook and look at the tools we have and we are committed to ma
i don't mind those being used internally for purposes, but to set it -- to use that -- to quote, he says that prior to the crisis, the models were gamed as the argument to avoid additional capital. of course what that means is they had excessive leverage. and you look at the basel committee study. ." >> it is a stronger system. your point is well taken. policies need to be validated and need to be good. the federal reserve and other regulators don't let you use just what ever model...
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Jul 26, 2012
07/12
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that is what separates us. not a recognition that it's unsustainable but a debate about what's the best composition of spending, savings and tax reforms to return sustainability. >> normally is a budget resolution. would you agree to bring this back down to manageable levels -- wouldn't passing in budget resolution in both houses put this on a path towards getting the deficit under control? >> i know where you are coming from but you are right, congress has to act. it will not happen on its own. it is not enough for us to propose things. congress has to come together and negotiate remarked that brings these reforms in place. -- negotiate framework that brings these reforms in place. >> section 112b2 of dodd frank requires a sign pavement indicating what reasonable steps such member believes the government should be taking to ensure financial stability yet neither the annual report or any individual member has recommended the senate democrats pass a budget resolution. >> that is true but it would be strange if y
that is what separates us. not a recognition that it's unsustainable but a debate about what's the best composition of spending, savings and tax reforms to return sustainability. >> normally is a budget resolution. would you agree to bring this back down to manageable levels -- wouldn't passing in budget resolution in both houses put this on a path towards getting the deficit under control? >> i know where you are coming from but you are right, congress has to act. it will not...
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Jul 18, 2012
07/12
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there is an incentive to use more efficient use of your resources because it is more challenging to get them across the border. in the other numbers, the green line in the middle as pedestrians coming across the border. the most dramatic is the passenger vehicles which is how most people across the border. it grew significantly throughout the 1990's and has declined significantly, especially since 2006-2007. several factors play into how these lines get drawn. not least of which would be the security situation in northern mexico. it has caused people to stay put, to move back and forth across the border or less and less. you have the economic crisis that hit both sides of the bore very strongly and cause another decline. we have not seen the return in traffic yet. we will have to see what happens. the point is that the border has thickened over the years. it has resulted in congestion and that congestion has a cost. lots of studies have been done about what that cost is. the take away is a very simple, it costs several billions of dollars to our economies. i would taking in these number
there is an incentive to use more efficient use of your resources because it is more challenging to get them across the border. in the other numbers, the green line in the middle as pedestrians coming across the border. the most dramatic is the passenger vehicles which is how most people across the border. it grew significantly throughout the 1990's and has declined significantly, especially since 2006-2007. several factors play into how these lines get drawn. not least of which would be the...
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Jul 6, 2012
07/12
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nothing can stop us, america. [applause] let's remind the world just why it is we live in the greatest nation on earth. [applause] god bless you. god bless the united states of america. [applause] ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> at the white house reporter for politico covered the two-day bus tour. what makes ohio and pennsylvania so important to the campaign? >> ohio is a key swing state. it is a key firewall for the president. it is also important for his pushing of boasting about the auto bailout that the president's administration pushed. detroit makes the cars, but most of the vehicles -- more vehicles are made in ohio than anywhere else. a lot of jobs in this part of the country. >> on the autos, there was news that the u.s. will file an unfair trade claim against china. how does that tie into his comments on the auto industry? >> is surely just a coincidence that the president is filing this their trade complaint abou
nothing can stop us, america. [applause] let's remind the world just why it is we live in the greatest nation on earth. [applause] god bless you. god bless the united states of america. [applause] ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> at the white house reporter for politico covered the two-day bus tour. what makes ohio and pennsylvania so important to the campaign? >> ohio is a key swing state. it...
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Jul 6, 2012
07/12
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left us the tab. we are going to clean it up, but we are going to clean it up not on the backs of the middle- class, we are going to do it in a balanced and responsible way. i will cut spending but we have on things we cannot afford and are not helping people, but unlike my opponent i will add the wealthiest americans -- ask the wealthiest americans to do a little bit more. by the way, just like we know that they did did not work, we know that what i am talking about it were, because it is what bill clinton did as president. our economy created 23 million new jobs, the biggest budget surplus in history, and we made a whole bunch of millionaires as well. it was not like rich people were doing bad back in the 1990's. they were doing just fine, right? you know what, i am sure there are plenty of patriotic americans who agree with us. they care about this country. on jobs, education, housing, health care, retirement, on all these things that are the pillars of a middle-class life. we cannot go backwards.
left us the tab. we are going to clean it up, but we are going to clean it up not on the backs of the middle- class, we are going to do it in a balanced and responsible way. i will cut spending but we have on things we cannot afford and are not helping people, but unlike my opponent i will add the wealthiest americans -- ask the wealthiest americans to do a little bit more. by the way, just like we know that they did did not work, we know that what i am talking about it were, because it is what...
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Jul 25, 2012
07/12
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it has been useful to us. we are getting in sight from the process and it is helping us write better rules. we are also finding that it is advantageous and we have begun to see the wisdom of congress in imposing that requirement. >> there are several panels that apply to those issues and you could fill those requirements. >> i have also committed to creating a special advisory board of community banks and one for credit unions. we are getting close to announcing that which i will help give us insight. we did not have day-to-day contact. or law enforcement authorities against them. it is important to find other ways to make sure we have that strong line of communication. >> i yield back. >> i will not recognize the vice- >> thank you, mr. chairman. i want to follow up on something you said. correct me if i am wrong. you have no legal authority against him in the banks and credit unions. not to me sounds like you are on one side and small banks are on the other side, as if there is a relationship that is more ne
it has been useful to us. we are getting in sight from the process and it is helping us write better rules. we are also finding that it is advantageous and we have begun to see the wisdom of congress in imposing that requirement. >> there are several panels that apply to those issues and you could fill those requirements. >> i have also committed to creating a special advisory board of community banks and one for credit unions. we are getting close to announcing that which i will...
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Jul 18, 2012
07/12
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please join us and share with us, your thoughts. mr. altmire: i thank the gentleman from california and i was listening to the discussion, as i often do, and i want to bring a perspective to join that discussion as you were both talking about health-care, mr. speaker. and as one who did not support the health-care bill originally, it is important to recognize as has been happening in this discussion what is working, what has already been implemented that is making a real difference in people's lives and the reason i did not support repeal of the health-care bill is that because i have the fourth most medicare beneficiaries, 135,000 medicare beneficiaries and many of them are caught in the doughnut hole, that gap in coverage in the part d prescription drug program. we are entering the third year of the face-in to completely close this that doughnut hole. people have received a $250 compensation for coverage. they are getting a steep discount on brand-named drugs and moving forward as i say in the years to come, they are going to complete
please join us and share with us, your thoughts. mr. altmire: i thank the gentleman from california and i was listening to the discussion, as i often do, and i want to bring a perspective to join that discussion as you were both talking about health-care, mr. speaker. and as one who did not support the health-care bill originally, it is important to recognize as has been happening in this discussion what is working, what has already been implemented that is making a real difference in people's...
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Jul 26, 2012
07/12
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give us this dust standard. the workers in this country have a right to rely on the law to protect them, not some notion of this committee or this congress' sense of passion and whether it will be invoked on that given day or not by the lobbying effort by these industries. it's about the law that protects workers and their families. workers who get up every day and families and themselves hope they get to come home at night, but it doesn't happen for a lot of workers. in these industries with dust, it happens over and over and over again, they get killed on the job. i have been here a long time working on combustible dust and the industry doesn't say, we have killed enough people, let us hold hands and see if we come up with something. it is complicated and based upon science, based upon research so that you can isolate the dust and so the explosions don't happen. but this legislation suggested by the committee, notice in the committee that this is one of the regulations that they would target. they can say one
give us this dust standard. the workers in this country have a right to rely on the law to protect them, not some notion of this committee or this congress' sense of passion and whether it will be invoked on that given day or not by the lobbying effort by these industries. it's about the law that protects workers and their families. workers who get up every day and families and themselves hope they get to come home at night, but it doesn't happen for a lot of workers. in these industries with...
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Jul 4, 2012
07/12
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and somebody caring about us. ladi a gentlemen, you know, one of my favorite poets is william butler yeats. here's what he said about education. he said education is not filling a pale. it's lighting a fire. it's not filling a pail. its lighting a fire. and you can see it when the flame goes off in that students size. you can see it and feel it. it's kind of like electricity. it is the thing that makes you do what you do. it's the thing that makes everything you do worthwhile. it doesn't always happen. but when it happens, there is no feeling like it. that is why you are educators. that is why you do what you do. that is why you're so important. so it is time to live fire! blighted fire and tell these guys we will not settle indication! we will not trade off education for their priorities! we will be the best educated nation in the world! god bless you all and may god protect our troops. thank you! [applause] [chanting] >> four more years! [applause] [cheers and applause] >> wednesday on "washington journal," our
and somebody caring about us. ladi a gentlemen, you know, one of my favorite poets is william butler yeats. here's what he said about education. he said education is not filling a pale. it's lighting a fire. it's not filling a pail. its lighting a fire. and you can see it when the flame goes off in that students size. you can see it and feel it. it's kind of like electricity. it is the thing that makes you do what you do. it's the thing that makes everything you do worthwhile. it doesn't always...